In the most recent trading session, Dell Technologies (DELL) saw its stock rise by 0.99%, closing at $111.30. This performance outpaced the S&P 500's modest gain of 0.2%, the Dow's 0.24% increase, and the Nasdaq's 0.21% appreciation.

Despite a 12.07% decline over the past month, which underperformed the Computer and Technology sector's 5.85% loss and the S&P 500's 1.49% drop, analysts and investors are closely monitoring Dell's upcoming earnings report, scheduled for August 29, 2024. The company is expected to report an EPS of $1.72, a slight decrease of 1.15% from the previous year, with projected revenue of $24.06 billion, up 4.91% year-over-year.

For the full year, the Zacks Consensus Estimates forecast earnings of $7.82 per share and revenue of $96.76 billion, reflecting increases of 9.68% and 9.43%, respectively, from the prior year.

Recent analyst estimate revisions indicate positive business trends for Dell Technologies. These revisions often correlate with stock price performance, as highlighted by the Zacks Rank system, which rates stocks from #1 (Strong Buy) to #5 (Strong Sell). Dell currently holds a Zacks Rank of #3 (Hold).

Dell's valuation shows a Forward P/E ratio of 14.09, higher than the industry's average of 12.29. Additionally, Dell's PEG ratio stands at 1.2, compared to the industry average of 1.73.